Saturday, January 25, 2020

Religion in James Hogg’s The Private Memoirs and Confessions of a Justi

Religion in James Hogg’s The Private Memoirs and Confessions of a Justified Sinner and J.G. Lockhart’s Adam Blair â€Å"There is therefore now no condemnation for those who are in Christ Jesus. For the law of the Spirit of life has set you free in Christ Jesus from the law of sin and death† (Romans 8:1-2). Given the highly charged religious environment of eighteenth- and nineteenth-century Scotland, the above passage must have been discussed many times in Christian circles then. Some of the Reformed faithful, perhaps, took the first part too seriously, to the expense of any normal sense of morality, while others might have forgotten their freedom from condemnation and fallen into despair. Either way, both views pervert the orthodox Calvinistic view of guilt laid out in the teachings of the doctrine’s namesake and the standard confessions of the church at the time. While they may not make very good theology, these dogmas at least provided material for two nineteenth-century character studies, James Hogg’s The Private Memoirs and Confessions of a Justified Sinner and J.G. Lockhart’s Adam Blair. Written when much (but not all) of post-Enlightenment Scotland had taken an anti-clerical, anti-religious stance, these novels explore the faith of the previous generation and how fundamentalist Presbyterianism may have gone horribly wrong. The protagonists of each book react in completely opposite ways to their sinful acts; Lockhart’s eponymous character has a nearly legalistic view of his own sin, while Hogg’s Robert Wringhim follows a more antinomian path. Oddly enough, it is the former who ends up redeemed and the other damned, but their respective journeys toward those ends follow much of the same path. Robert Wringhim, Hogg’s cen... ... Studies Review Vol. 5 (2004): 9-26. Hogg, James. The Private Memoirs and Confessions of a Justified Sinner. Oxford: Oxford University Press, 1969. Holy Bible, English Standard Version. Ed. J.I. Packer et. al. London: HarperCollins Religious, 2002. Lockhart, J.G. Some Passages in the Life of Mr. Adam Blair, Minister of the Gospel at Cross-Meikle. Edinburgh: Edinburgh University Press, 1963. Mack, Douglas S. â€Å"‘The Rage of Fanaticism in the Former Days’: James Hogg’s Confession of a Justified Sinner and the Controversy over Old Mortality.† Nineteenth Century Scottish Fiction: Critical Essays. Ed. Ian Campbell. Manchester: Carcanet New Press Limited, 1979. 37-50. Richardson, Thomas C. â€Å"Character and Craft in Lockhart’s Adam Blair.† Nineteenth Century Scottish Fiction: Critical Essays. Ed. Ian Campbell. Manchester: Carcanet New Press Limited, 1979. 51-67.

Friday, January 17, 2020

Fall of the Gas Giant

Fall of the gas giant Name:Source of article: the NEW YORK TIMES Publication date: 10th April 2018 The ripples effects of the tariff imposed on steel and aluminum from china has been felt all over the country since the beginning of their implantation late last year. Many steel companies based the United States have decried the move as it has adversely affected their businesses. The question that lingers in their thoughts is, ‘how long will we survive the turmoil?'. It was passed that a 25% tariff be imposed. One company that has clearly showed its disgust in this status quo is CP industries; it is one of the largest companies that manufacture steel products with its raw materials sourced from china. CP industries make steel gas cylinders and sell them to government parastatals like NASA and the public. Its manager claims that since the tariff came into place they had to raise the price on its products and they have ended up losing customers to competitor companies from china.From the managers cry rose another creepy question, ‘who will pay for the taxes?'. A discussion by economics professionals claimed the American companies will have to bear that burden stoically if they intend in retaining their supplier. A Competitor that the popular industry faces is the Enric Gas Equipment Company from china. Goods from the company are not subjected to the tariff yet they meet the same customer. That is unfavorable competition.I strongly stand with the economists that claim that the tariff should be toned down if not removed completely. In all goods that the government could put tariffs on; aluminum and steel were to be excluded. This is for the simple reason that the country does not produce cheap high quality steel like china. Many critics have rallied against the tariffs as the economy is predicted to see a dive in the coming years. PWhat will happen to the CP industry and all other small companies that import Chinese steel if the tariff is to be upheld for 3 more years?Protectionism as a policy under economics field should be clearly defined by states that want to adopt it. The laws around it must be custom made to ensure that its intended aim of boosting market for domestic companies is met. If not, we will see a collapse of many giant companies and the loss will be immeasurable and irreversible. ReferenceOnline article by the NEW YORK TIMEShttps://mobile.nytimes.com/2018/04/10/business

Wednesday, January 8, 2020

A Case Study For Week Three Centers On A Liability And...

The case study selected for week three centers on a liability and assumption of risk case study. In this case study, Brent Thomas and George Banks are facing liability charges after Ricky Watts sustained a serious injury during hockey practice (Essex, 2016). In this situation, Thomas is the school principal, and Banks is the hockey coach as well as the gym teacher (Essex, 2016). Ricky obtained injuries after improperly blocking the puck (Essex, 2016). This case study was selected because it highlights a situation that will likely be faced by all future school leaders. Sports are popular among students, and there is inherent risk in each sporting event. A school is open to liability if they do not ensure that proper protocols are met. Responding to Case Study Questions Question 1: What factors would determine whether the principal may be liable (Essex, 2016)? In order to prove Thomas liable in this situation, there would have to be evidence of proximate cause (Essex, 2016). The student, or student’s family, would need to be able to prove that there is a relationship between the principal’s breach of duty, and the injury the student suffered (Essex, 2016). I have dedicated the remainder of this paragraph to describing the ways in which Thomas may be in breach of his duty. Thomas has the responsibility as the school principal to ensure that Homewood High School has highly qualified teachers. It is his responsibility to recommend to the board the person best suited for theShow MoreRelatedToddler Warehouse: Business Plan4171 Words   |  17 Pages 5.3 Milestones 14 6.1 Personnel Plan 14 Financial Plan 16 7.1 Important Assumptions 16 7.2 Projected Profit and Loss 17 7.3 Projected Balance Sheet 19 Market Summary 22 Marketing Strategy 24 Controls 25 Contingency Plan†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦..26 Executive Summary The  Toddler Warehouse is a full-service child care/development facility that cares for toddlers from age three  to five. The  Toddler Warehouse will be concentrating on the upper end of the market:Read MoreKids Community College: Exclusive Collegiate-Based Curriculum7369 Words   |  30 Pagesonly met your child care needs, but also provided an activity based learning environment that mirrors those used at colleges, universities and vocational centers around the nation. A college community of professional care givers with the credentials to not only enhance your child s early social and motor skills, but to also teach them advanced studies in the arts and sciences found at institutions of higher learning. A collegiate-based curriculum tailored specifically for children, taught in a fun,Read MoreChallenges in Pension Reform15566 Words   |  63 Pagessatisfactory in scope and quality for the degree of Master of Public Administration at National University. Approved by: ______________________________________________ ______________________ Gary Geiler Date ABSTRACT The purpose of this study is to examine the challenges faced by public sector administrators as they grapple with restoring pension plans to solvency and sustainability. The objectives are to research and describe how public pension plans have become insolvent over the courseRead MoreThe Effects Of Workplace Stress On The United Kingdom Courts8122 Words   |  33 PagesThis study examined workplace stress in a random sample of litigated cases heard in the United Kingdom courts. The majority of claims related to clinical depression. The alleged causes of workplace stress most commonly cited in litigation included: excessive workload, followed by poor management practices, organisational, economic or technical change, aggressive management style, and bullying by co-workers. The presence of effective workplace stress management policies were important interventionsRead MoreBSBRSK501B Manage Risk Essay4580 Words   |  19 Pagesï » ¿BSBRSK501B Manage Risk Formative Assessments Activity 5 (1). SWOT Analysis Strength 1.Australian chain of upscale mid to high range departmental store 2.Myer has stores in all Australian states and the Australian Capital Territory 3.Variety of brands in affordable price gives consumer a lot of choices 4. Strong brand presence and reputation in Australia 5. Customer-focused service Weakness 1. Undeveloped distribution channel which serves only in some locations in Australia 2.Retail area pricesRead MoreEssay Acc 556 Week 9 Acc556 Week 914012 Words   |  57 PagesACC 556 Complete Course ACC556 Complete Course Click Link for the Answer: http://workbank247.com/q/acc-556-complete-course-acc556-complete-course/22176 http://workbank247.com/q/acc-556-complete-course-acc556-complete-course/22176 ACC 556 Week 1 Discussion Financial Statements  Ã‚  Please respond to the following: * From the e-Activity, analyze Apple’s most recent financial statements. Based on your analysis, predict whether Apple’s financial health will likely improve or deteriorate over the nextRead MoreAcc 556 Week 10 Acc556 Week 1013988 Words   |  56 PagesACC 556 Complete Course ACC556 Complete Course Click Link for the Answer: http://workbank247.com/q/acc-556-complete-course-acc556-complete-course/22176 http://workbank247.com/q/acc-556-complete-course-acc556-complete-course/22176 ACC 556 Week 1 Discussion Financial Statements  Ã‚  Please respond to the following: * From the e-Activity, analyze Apple’s most recent financial statements. Based on your analysis, predict whether Apple’s financial health will likely improve or deteriorate over the nextRead MoreAn Analysis of Bestwish Limiteds Financial Statements of Year 20105936 Words   |  24 PagesBestwish Balance Sheet Exhibit II reveals the Bestwishs balance sheet. A balance sheets show the relationships between a companys assets and liabilities. However a companys net asset is the assets that remain when total liabilities have been deducted from total assets. A company will record a positive net asset when total assets are greater than total liabilities. The chart in the Exhibit II consists of two main elements: Bestwish current assets Non-current assets. The company current assets andRead MoreWorking Capital19349 Words   |  78 Pagesalso referred to as working capital , means the total current assets . b) The net working capital can be defined in two ways : 1. The most common definition of net working capital ( NWC ) is the difference between current assets and current liabilities ; and 2. Alternate definition of NWC is that portion of current assets which is financed with long term funds . The task of financing manager in managing working capital efficiently is to ensure sufficient liquidity in the operations of the enterpriseRead MoreMultinational Business Finance 10th Edition Solution Manual41185 Words   |  165 PagesCarlton Germany - Case 4†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Problem # 9.2: Carlton Germany - Case 5†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Problem # 9.3: Denver Plumbing Company (A)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Problem # 9.4: Denver Plumbing Company (B)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦... Problem # 9.5: Hawaiian Macadamia Nuts†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Problem # 9.6: Cellini Fashionwear†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Problem # 9.7: Autocars, Ltd†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦.. Problem # 9.8: High-Profile Printers, Inc. (A)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Problem # 9.9: High-Profile Printers, Inc. (B)†¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦Ã¢â‚¬ ¦ Problem # 9.10: Hedging Hogs: Risk-Sharing at Harley

Tuesday, December 31, 2019

Sheikh Definition - Free Essay Example

Sample details Pages: 1 Words: 268 Downloads: 10 Date added: 2019/10/10 Category Religion Essay Level High school Tags: Islam Essay Did you like this example? Sheikh, likewise suggested Sheik, Shaikh, or even Shaykh, Arabic Shaykh, Arabic name of appreciation coming from pre-Islamic antiquity; it solely suggests an old guy of much more than fifty years old. The name sheikh is actually particularly birthed through chief of theological purchases, chief of universities, including Al-Azhar University in Cairo, principals of groups, and also headmen of communities as well as of different zones of cities. It is actually additionally put on found out guys, particularly participants of the training class of ulamas (theologians), as well as has actually been actually related to any person that has actually committed to know the entire Quran, nonetheless younger he could be.. Don’t waste time! Our writers will create an original "Sheikh Definition" essay for you Create order Shaykh al-jabal (the mountain chief) was actually a preferred condition for the crown of the Assassins and also was actually mistranslated due to the crusaders as the old male of the mountain range. Without a doubt the absolute most necessary headline was actually shaykh al-islam, which due to the 11th century was actually provided to distinguished ulamas and also mystics as well as due to the 15th century levelled to any kind of superior mufti (approved legal representative). In the Ottoman Empire using this headline was actually restrained through SÃ ¼leyman I (1520 66) to the mufti of Istanbul, that, identical in ranking to the principal vizier, was actually head of the spiritual organizations that managed regulation, compensation, faith, as well as education and learning. As a result of his right to problem binding fatwas (Islamic lawful viewpoints), this representative pertained to possess world power. In 1924, under the Turkish Republic, the final shadows of the company were a ctually eliminated.

Monday, December 23, 2019

Treatment Of Women Facing Breast Cancer - 820 Words

Treatment Women facing breast cancer, in every phase of the disease and at every phase of treatment, struggles with some amount of emotional distress (Holland, 2014), which can have an adverse affect on health and recovery (Godbout Glaser, 2006). Research has evidence that immune functioning is improved by the perception of a degree of restraint over harmful stimuli (Boinon, Charles, Dauchy Sultan, 2011; Chung, Lee, Hwang, Park, 2013) and by the communication of positive or negative emotions (Jacob, Kreifelts, Brà ¼ck, Erb, Hà ¶sl, Wildgruber, 2012; Cohen, 2004). While these are good rationales to include counseling in â€Å"survivorship care plans or SPCs† (Rechis, Arvey, Beckjord, 2013, p. 119), perchance, the principal reason is that psychological treatment can improve the client’s quality of life during a distressful time (Charles, 2000; Kirsch, 2012). Studies point to one to three years after treatment as a critical juncture in which to closely monitor the m ental health of breast cancer survivors (Charles, 2000; Naughton Weaver, 2012; De Moor, Mariotto, Parry, et al., 2013). Beneficial outcomes from a range of approaches, and various interventions comprise multiple factors to help survivors, including: psycho education classes about cancer and treatment (Stanton, 2006; Golant, Altman, Martin, 2003), establishment of emotional support (Kopala Keitel, 2003), teaching coping skills (Hewitt, Greenfield, Stovall, 2006), challenging unsupportive thoughtsShow MoreRelated Breast Cancer Essay985 Words   |  4 Pages Breast Cancer: Risk Factors, Detection amp; Treatment nbsp;nbsp;nbsp;nbsp;nbsp;Among all American women who die when they are between the ages of forty and forty-five, the cause of death most likely to be listed on their death certificates is BREAST CANCER. Breast tumors are responsible for the greatest number of deaths among women, and breast cancer alone is the cause of almost one fifth of all cancer related mortalities. It results in the death of thirty seven thousand American women everyRead MoreEssay on Breast Cancer Treatment1316 Words   |  6 Pages Breast Cancer Treatment nbsp;nbsp;nbsp;nbsp;nbsp;Only lung cancer kills more women each year in the United States than breast cancer does. The American Cancer Society (ACS) estimates that over 184,000 new cases of breast cancer were diagnosed in women in 1996 (ACS Breast). Although these statistics are alarming, there are a number of treatment options available for those that are diagnosed with breast cancer. nbsp;nbsp;nbsp;nbsp;nbsp;The best way to treat any disease is to prevent itRead MoreBreast Cancer : Cancer And Cancer Essay1711 Words   |  7 PagesTo acknowledge the health beings of a women is quite scary knowing that in about 1 in 8 women in the U.S will develop breast cancer. By this year of 2016 going into 2017 there will approximately be 246,660 cases found. The 20th century is described to be the cancer century. One main cancer I wanted to talk about that has my full attention was breast cancer. The important ways of looking at breast cancer as a tremendous problem is because we are losing our women to this disease. Categorizing the mainRead MoreBreast Cancer : The Cancer Essay1722 Words   |  7 PagesTo acknowledge the health beings of a women is quite scary knowing that in about 1 in 8 women in the U.S will develop breast cancer. By this year of 2016 going into 2017 there will approximately be 246,660 cases found. The 20th century is described to be the cancer century. O ne main cancer I wanted to talk about that has my full attention was breast cancer. The important ways of looking at breast cancer as a tremendous problem is because we are losing our women to this disease. Categorizing the mainRead More72 New Gene Mutation Essay1074 Words   |  5 Pagesto Hereditary Breast Cancer According to the National Cancer Institute, invasive breast cancer affects approximately 1 in 8 U.S. women, and about 5% to 10% of all breast cancers are hereditary. At present, most people are familiar with BRCA1 and BRCA2 gene mutations, which are inherited gene mutations—or abnormalities in the DNA sequencing—that increase the risk of developing breast cancer. According to statistics from the National Cancer Institute, by age 70, 55% to 65% of women who’ve inheritedRead More Women Coping with Breast Cancer Essay1688 Words   |  7 PagesWomen Coping with Breast Cancer Coping has been closely connected to stress; it involves a process by which a person attempts to restore balance in response to a stressful life event (Henderson, Gore, Davis, and Condon, 2003). The most common cancer among Canadian women in 2010 is breast cancer. An average of 445 Canadian women will be diagnosed with breast cancer and an average of 100 Canadian women will die of breast cancer every week (Canadian Cancer Society, 2010). Coping with breast cancerRead MoreEffects Of Breast Cancer And Its Effects On The Body985 Words   |  4 PagesEffects of Breast Cancer In the United States alone there are 14 million people living with cancer as of January 1st, 2014, and more than three million of those people have breast cancer (American Cancer Society). Breast cancer is the most common type of cancer and can have devastating effects on those with it. The cancer has large effects on the body, mental state, economics, and family of the patient. The body is affected on a cellular level by cancer. Going more into detail, cancer is caused byRead MoreWomen’S Health Issues Require Separate And Unique Attention1205 Words   |  5 PagesWomen’s health issues require separate and unique attention from the medical world. Women represent the transition that society is also facing in regard to economics, health and wellness issues. ‘Healthy mind does, indeed produce a healthy body’. While, women are suffering from various health issues from past. Although, men and women share many health concerns. Women health issues include conditions that only effect women anatomy such as from child birth, pregnancy, menstruation till menopause. TheseRead MoreAlumni Clinical Observation Assignment1625 Words   |  7 Pagesof shadowing Jenn Dagger, a registered Oncology nurse who works at the Perelman Center for Advanced Medicine. She works in the Oncology unit located on the third floor west pavilion, which contains both the Rena Rowan Breast Cancer Center and the Jordan Center for Gynecologic Cancers. She graduated from the University of Pennsylvania with a Bachelor’s degree of Science in Nursing and decided to stay in Philadelphia to pursue a career. She originally worked in the Cardiac unit, but she came to theRead MoreManaging Anxiety While Undergoing Diagnostic Evaluation for Breast Cancer1111 Words   |  5 PagesDiagnosic Evaluation for Breast Cancer Literature Review Breast cancer is the most common cancer in women. In 2008, more than one million women underwent a diagnostic evaluation for suspected breast cancer. Approximately 182,500 women of the more than one million that received an evaluation also received a positive diagnosis (Montgomery, 2010). Risk factors linked to Breast Cancer include: gender, age, family history, prior breast cancer, previous biopsy, race

Sunday, December 15, 2019

The Effect of Computer in Our Daily Lives Free Essays

Why Do They Fail? Statistics show that most people who begin high school finish. Some drop out, of course, but approximately three-quarters earn a diploma. At the post-secondary level, however, fewer than two-thirds of the students complete their program of study. We will write a custom essay sample on The Effect of Computer in Our Daily Lives or any similar topic only for you Order Now Why do so many college and university students drop out? Knowing the factors that prevent students from completing their post-secondary programs may prove crucial to you regardless of whether you are presently a college student or thinking of becoming one. Most educators agree that the principal causes of failure are lack of basic skills, lack of study skills, and lack of motivation. A firm grasp of basic skills—what are termed the three Rs: reading, writing, and arithmetic—is a must for college or university work. Not only are texts and research material more difficult to understand than they were in high school, but also the quantity of required reading is greater. The ability to express oneself clearly in standard written English is essential; garbled essays, ungrammatical reports, or poorly spelled and punctuated papers will be routinely failed by instructors, regardless of the ideas the writer may think he is expressing. Similarly, mathematical skills are essential to a student’s success in many post-secondary programs. Business, science, technology, and some applied arts programs require sound computational skills. Post-secondary students who lack these basic skills often find little remedial help available and little instructor tolerance for poor work; hence, they fall behind and drop out. How to cite The Effect of Computer in Our Daily Lives, Essay examples

Saturday, December 7, 2019

Revenue Recognition - No Time to Wait

Question: Discuss the issue of the Journal of Accountancy. Answer: As we all are aware of the fact that presently GAAP has involved complex, disparate and detailed revenue recognition requirements in respect of specified transactions such as software and real estate. Consequently, it has been observed that different industries use various accounting regarding similar transactions (Blodget, Henry,2009) The main purpose of the new guidance is mainly to establish the specific principles so as to report the required information in regard to the nature, timing as well as the uncertainty in respect of revenue to the users of the financial statement. Issuance of new guidance on revenue recognition (Revenue Recognition As-9 ) Helps to remove inconsistencies as well as weakness which is prevailing in the current revenue requirements Maintain to improve comparability for revenue recognition across industries, organization, and capital Market. Due to improved disclosure requirements, it has resulted in providing more useful information to the users of financial statements. Due to the reduction/ elimination in the number of disclosure, it consequently simplifies the preparation of financial statements. It also provides that new guidance also would affects any reporting entity which either enters into a contract with the customer for transfer of goods or service such as lease contracts, insurance contracts. Some of the changes are as follows Sale can be recognized any after the product or service delivered to the customer. The new concept has been developed Estimated Selling Price which provide the company an option to rely on the internal estimates for the selling price in case there is no third - party evidence is available. It is clearly indicated that entity cannot use residual method of accounting so as to allocate sale value. They have to decide regarding the method to be apply it may be ESP (Estimated Selling Price, VSOE or third party evidence of selling price. Disclosure must be made in the financial statement about the ESP by the organization. It is clearly indicated that in order to allocate the value of sale, an entity cannot use the residual method. Proper disclosure must be made in the financial Statement specifying the approach that how they decided about the estimated selling price It is provided that under new guidance of revenue recognition, the (Apple) companys recognition for all the revenues as well as product cost, for I phone and Apple TV, must be ascertain as when these products/ objects are delivered to the customer. However it is provided that under the historical approach, Entity is required to account for sale of both the item using the subscription accounting because the company indicated that they may provide software upgrades and other features for those products free. Under that approach i.e. subscription accounting, revenue as well as the associated cost for I phone and Apple TV are differed at the time of sale and have been recognized over useful estimated life for each period (Rigaud, Sylvain,2015). Consequently, it would result in a deferral of the significant amount of revenue as well as cost related to the same. Therefore, it can be stated that adoption of new guidance for revenue recognition significantly changes how the company accounts for certain operating items such as the sale of I phone and Apple TV (Blodget, Henry,2016). Work Cited Blodget, Henry. "Iphone Accounting Change Could Send Apple Profits And Stock To Moon". Business Insider. N.p., 2016. Web. 22 Mar. 2016. FASB, IASB Unveil Final Standard on Revenue Recognition. (2014).AccountingWEB. Retrieved 22 March 2016, from https://webcache.googleusercontent.com/search?q=cache:H2fY_PNODFIJ:www.accountingweb.com/aa/standards/fasb-iasb-unveil-final-standard-on-revenue-recognition+cd=9hl=enct=clnkgl=in "09 Accounting Standard 9 - Revenue Recognition - AS 9". Knowledgebible.com. N.p., 2010. Web. 22 Mar. 2016. Revenue recognition: Effectively managing accounting change. (2016).PwC. Retrieved 22 March 2016, from https://www.pwc.com/us/en/audit-assurance-services/accounting-advisory/revenue-recognition.html